Answer:
$7,544.58
Step-by-step explanation:
We will use the compound interest formula provided to solve this:

<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, change 3.3% into its decimal form:
3.3% ->
-> 0.033
Since the interest is compounded monthly, we will use 12 for n. Lets plug in the values now:


The balance after 1 year will be $7,544.58
Mu=80, sigma=39, X=85
Z=(X-mu)/sigma = 5/39=0.128=0.13
P(X<=85)= 0.5517 (from Z-table)
so, P(X>85)=1-0.5517=0.4483 approx. thats 44.8% probability.
Answer:
The answer is 484. Please let me know if it helped you.
Step-by-step explanation:
Ingredients please.ingredients are not mentioned